Commercial property in 764 Washington Ave Miami Beach for sale with MLS# A11830965
Four (4) retail-commercial spaces at ground-level, totaling over 7,800 sq. ft. with a yearly NET Revenue of $216,000, operating as a grocery store and a restaurant/bar. Located along Washington Ave in a corner-parcel steps away from Ocean Drive and Lincoln Road. This offer can be combined with the purchase of the hotel above, also for sale under separate listing that includes 33 out of 42 units fully furnished with no rental restrictions. Acquiring both listings makes you a majority-owner of the entire property inclusive of the retail spaces and the hotel rooms. This is an opportunity for an owner-operator, hotel operator, developer, or as a short-term rental portfolio enhancement. Review listing attachments. Please DO NOT disturb the businesses onsite.
764 Washington Ave, Miami Beach, FL 33139
- Price:
- $3,890,000.00
- Previous Asking Price:
- $3,900,000.00
- Original List Price:
- $3,900,000.00
- Gross Scheduled Income:
- 25000
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Land
- Property Type:
- Commercial
- MLS Number:
- A11830965
- Description of Last Important Update:
- Price Change
- Last Major Update on:
- January 25, 2026 10:20 pm
- Lot Area:
- 12,000 Sqft
- Lot Size Dimensions and Info:
- 110x115
- Lot Size Unit:
- Square Feet
- Lot Features:
- Less Than One Acre
- Lot Size Acres:
- 0.28
- Number of Lots:
- 4
- Waterfront:
- No
- Current Use:
- Other
- Road Responsibility:
- Public Maintained Road
- Road Frontage Type:
- Main Thoroughfare
- Tax Annual Amount:
- $20,650.00
- Tax Year:
- 2024
- Covered Spaces:
- 0
- Sewer:
- Public Sewer
- Utilities Available:
- Other
- Water Source:
- Public
- Subdivision Name:
- ROYAL SOUTH BEACH CONDO
- Senior Community:
- No
- Buyer Possession:
- Close Of Escrow
- Lease Considered:
- No
- Tax Legal Description:
- ROYAL SOUTH BEACH CONDO UNIT CU-1 UNDIV 3454/20383 INT IN COMMON ELEMENTS OFF REC 21561-4692
- Real Estate Folio Number (Parcel Number):
- 02-42-03-270-0430
- Zoning Description:
- 6400
- Title to the property is held by owner as:
- Corporation
- Originally published on:
- June 29, 2025 3:35 am
- Active on the market since:
- June 29, 2025
- Listing Agreement executed on:
- June 29, 2025
- Price change occurred on:
- January 25, 2026 10:20 pm
- Listing Status Last Changed On:
- June 29, 2025 3:35 am
- Photos updated on:
- January 26, 2026 3:17 am
- Last Modified:
- February 6, 2026 6:27 am
- Property Description:
- 4 Com Spcs Under Condo Hotel
- Flood Zone:
- AE
- Municipal Code:
- 2
- Subdivision Number:
- 270
- Courtesy of:
- Best of Luxury Realty Corp.
- Attribution:
- Not provided
- Street Name:
- Washington Ave
- Street Number:
- 764
- City:
- Miami Beach
- State:
- Florida
- Zip Code:
- 33139
- County:
- Miami-Dade
- Latitude:
- N25° 46' 41.4''
- Longitude:
- W81° 51' 58.8''
- Street Direction Prefix:
- E
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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